2022 (6) TMI 972

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....ate Opposite Party Mr. S.S. Padhy, Additional Standing Counsel ORDER 1. Admit. 2. The following question of law is framed for consideration: "Was the Tribunal justified in setting aside the order of the ACST in a cross appeal by the Department and restoring the order of the Assessing Officer? 3. The present revision petition arises from an order dated 29^th January 2008 pas....

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....to Rs.3,19,185/- was also paid. 5. A fraud case report was submitted by the STO, Investigation Unit on 22nd June 2004 regarding sales and purchase suppression. Cash of Rs.41,220/- was found during the visit of the inspecting officers on 14th May 2004 for which no cash or credit memo had been issued. On verification of the physical stock, discrepancy was found in respect of ten items of goods. T....

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....ent further in appeal before the Tribunal seeking further relief, the Department filed a cross appeal against the order of the ACST. The Tribunal has in the impugned order held that the ACST was not justified in reducing the enhancement to three times the actual suppression and has thus restored the order of the STO. 8. This Court has heard learned counsel for the parties. 9. The Tribunal ap....